699 Paynes Bridge Road, Dereel, VIC 3352 sold on 27 May 2025 | OnTheHouse
SOLD
Sold on 27 May 2025 - Price Unavailable

699 Paynes Bridge Road
Dereel VIC 3352

Bedrooms: 5
Bathrooms: 2
Car spaces: 12
Land area: 10.5ac
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Property Details for 699 Paynes Bridge Rd, Dereel

699 Paynes Bridge Rd, Dereel is a 5 bedroom, 2 bathroom House with 12 parking spaces. The property has a land size of 10.5ac. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Dereel in the last 12 months.

Building Type
House
Land Size
10.5ac

Last Listing description (May 2025)

Nestled on approximately 10.5 acres of fully fenced land, this impressive property offers an ideal blend of modern comfort and self-sufficient country living. The spacious family home boasts five generously sized bedrooms, with four featuring walk-in robes and the fifth offering a built-in robe. Designed for convenience, the property includes two well-equipped bathrooms, ensuring ample space for families or guests. Double-glazed windows provide energy efficiency, while a woodfire heater and reverse cycle system keep the home comfortable year-round. Ceiling fans in every room enhance air circulation, and an abundance of firewood on the property offers an ongoing natural heating resource.

The kitchen is a true chef's delight, featuring a 900mm oven, a five-burner gas cooktop, an electric oven, and a continuous gas hot water system. An expansive open-plan layout ensures a seamless flow between living, dining, and entertaining spaces, with large windows inviting natural light and tranquil views of the surrounding landscape. There is also a great theatre room for family enjoyment.
Water security is a standout feature, with an impressive 94,000 litres of water storage across two 25,000-litre concrete tanks and two 22,000-litre plastic tanks. A huge dam further supports the property's water needs, making it ideal for livestock, gardening, or equestrian use.Equestrian enthusiasts will appreciate the professionally built 20m x 40m sand arena with two holding yards, as well as the well-planned paddock setup. The property is divided into four house paddocks, one pig-safe paddock, and an additional fenced-off 7-acre section at the rear, which includes the dam and a small access gate leading to the creek.

For those seeking sustainable energy options, the property features a 5.5kW solar system with 24 panels and is already set up for battery storage (batteries not included). The extensive shedding and storage solutions further enhance the property's appeal. A front shed (16m x 6m x 2.7m) offers two roller doors, a personal access door, and a cozy potbelly wood heater, while a larger back shed (8m x 10m x 4m) features two roller doors, a personal access door, and a drive-on car hoist. Additionally, a drive-through carport/lean-to (4m x 10m x 4m) provides ample space for vehicles or equipment. A 40ft shipping container is also available as an optional purchase for $1,000.

Property History for 699 Paynes Bridge Rd, Dereel, VIC 3352

A timeline of how this property has performed in the market
Last Sold
27 May 2025
  • 13 May 2025
    Sold for $772,000
  • 01 Apr 2025
    Listed for Sale 772000
  • 29 Feb 2016
    Sold for $80,000
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About Dereel 3352

The size of Dereel is approximately 59.9 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Dereel in 2016 was 533 people. By 2021 the population was 664 showing a population growth of 24.6% in the area during that time. The predominant age group in Dereel is 50-59 years. Households in Dereel are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dereel work in a trades occupation.In 2021, 96.90% of the homes in Dereel were owner-occupied compared with 91.10% in 2016.

Dereel has 522 properties. Over the last 5 years, Houses in Dereel have seen a 65.27% increase in median value. As at 30 November 2025:

  • The median value for Houses in Dereel is $763,193 while the median value for Units is $395,728.
There are currently 10 properties listed for sale, and no properties listed for rent in Dereel on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Dereel.

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James Waterhouse
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.